what happened to market today

The U.S. stock market experienced a significant downturn on October 10, 2025. The Dow Jones Industrial Average fell by around 878 to 880 points (about 1.9%), the S&P 500 dropped approximately 2.7%, and the Nasdaq plunged about 3.6%. This marked their worst single-day losses since April 2025. The sell-off was largely driven by renewed trade tensions as President Trump announced and threatened a substantial increase in tariffs on Chinese imports, along with possible export controls starting November 1st. These moves sparked fears of an intensifying U.S.-China trade war, disrupting investor sentiment and hitting tech and high-growth stocks the hardest. Markets saw a rush toward safer assets and a sharp rise in volatility measures. The week ended with all major indices posting losses despite earlier gains this year.